HUSKY ENERGY TO SELL PARTIAL INTEREST IN SELECT MIDSTREAM ASSETS FOR $1.7 BILLION

摘要

Husky Energy has reached an agreement under which 65 per cent of its ownership interest in select midstream assets in the Lloydminster region of Alberta and Saskatchewan will be sold to Cheung Kong Infrastructure Holdings Limited and Power Assets Holdings Limited. Husky will receive $1.7 billion of gross cash proceeds, will have a 35 per cent interest in the assets and will remain operator. The sale price represents about 13 times the expected 2016 EBITDA of approximately $180 million.